McDonald’s China owners Carlyle, Trustar plan $4 billion exit

(Reuters) – Carlyle Group (NASDAQ:) Inc and Trustar Capital are planning to raise $4 billion from funds including GIC Pte to buy part of their stakes in McDonald’s Corp (NYSE:) operations in Hong Kong and mainland China, Bloomberg News reported on Wednesday.

The move would provide a partial exit for the buyout firms after they bought the business six years ago, according to the report, citing people familiar with the matter.